News Highlights: Top Company News of the Day
Vox Media to Buy Owner of Preet Bharara's Podcast
Vox Media is acquiring Cafe Studios, publisher of a podcast
hosted by the former Manhattan U.S. attorney, part of a bid to
expand its growing audio business.
Supply-Chain Software Provider Blue Yonder Weighs IPO
The company is the latest technology provider to look at a
public stock offering as pandemic-driven upheaval in supply chains
draws more interest to tools that help companies manage the flow of
Alibaba Hit With Record $2.8 Billion Antitrust Fine in China
In recent months, the business empire of Alibaba founder Jack Ma
has come under increasing regulatory scrutiny.
Google's Secret 'Project Bernanke' Revealed in Texas Antitrust Case
The program used past bid data to boost the tech company's win
rate in advertising auctions, according to a court filing.
Medline Industries Explores Sale
Medline Industries is exploring a sale that could value the big
medical-supply company at as much as $30 billion and mark the
latest in a recent string of large leveraged-buyout bids.
Alden Clashes With Billionaire Over Future of Tribune
Alden Global was on verge of expanding its newspaper empire with
a bid for Tribune Publishing when Maryland hotel magnate Stewart
Bainum turned the tables on the New York financiers.
Battery-Making Rivals Settle Trade Rift That Threatened Georgia Plant
SK Innovation and LG Chem have agreed to settle a trade-secret
dispute that had threatened a $2.6 billion factory SKI is building
in Georgia set to supply Ford and Volkswagen with electric-vehicle
Amazon Vote Deals Blow to Expanding Labor Union Membership
Unionization rates are trending down in the private sector,
despite an increased focus in Washington.
Coinbase's Lofty Valuation Might Erode as Crypto Markets Mature
Cryptocurrency giant Coinbase Global's stock-market debut on
Wednesday is expected to be a blockbuster, though doubts persist
about a lofty valuation for the digital currency exchange.
XPO Logistics Taps CIO for Supply-Chain Services Spinoff
Sandeep Sakharkar, currently a senior vice president of
logistics technology at XPO, was tapped last week to be CIO of GXO
Logistics Inc. at a time of growing industry automation.
(END) Dow Jones Newswires
April 11, 2021 21:15 ET (01:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.